2/523 Beach Road, Murrays Bay, Auckland - North Shore

Nestled close to theMurrays Bay Beach, this adorable 2-bedroom, 1-bathroom unit with a sunroom and double carpark is a charming 1920's cottage. It's a Unit Title property with a Fibrous Cement exterior and Iron roof, both in average condition. The property offers a modest floor area of 90 square meters and is set on a gently rising contour, providing an affordable entry into a sought-after seaward location. The Capital Value (CV) has seen a growth of 22.09%, from $860,000 in 2017 to $1,050,000 as of June 2021. The HouGarden AVM estimates the property at $1,005,000, while the latest sale was for $1,000,000 in 2024, a significant increase from the $445,000 sale in 2008.

Not only is the property a stone's throw from the beach, but it's also within the top decile school zones of Northcross Intermediate, Murrays Bay Intermediate, Murrays Bay School, and Rangitoto College. This makes it an ideal investment for families, first home buyers, and those seeking a lifestyle that includes easy access to the city center via all bus routes, coastal walks, and the vibrant Mairangi Bay village.

With a bit of tender love and care, this cottage could be transformed into a dream home. It's a fantastic opportunity for investors, young families, and anyone looking for a slice of paradise by the sea.

Updated on October 09, 2024